Fringe Benefit Tax
This query is : Resolved
26 February 2008
Hello expert
Can u plz give me some knowledge about FBT i m confused between FBT and Perquisite
Can u plz give me some knowledge about FBT i m confused between FBT and Perquisite
26 February 2008
FRINGE BENEFIT TAX IS TAX WHICH IS IMPOSED ON THE BENEFITS PROVIDED BY THE EMPLOYER TO EMPLOYEE. FBT IS PAYABLE BY COMPANY OR FIRM AND NOT BY EMPLOYEES WHEREAS PERQUISITE IS THE BENEFIT PROVIDED BY THE EMPLOYER TO EMPLOYEE IN ADDITION TO HIS SALARY,IT IS NOT A TAX ,THOUGH TO SOME EXTENT IT MIGHT BE TAXABLE IN IN HAND OF EMPLOYEE AND ADDED TO THEIR GROSS TOTAL INCOME UNDER THE HEAD SALARIES
MANAS ROUT
(Expert)
26 February 2008
gothrough the guidance not issued by ICAI on FBT.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- MSME disclosure and disallowance
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- EPF ECR NEW RULES Sep 17th 2026
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
